What Codelco risks with the suspension of Andes Norte, one of its “engines” for the future
The risk of “deep seismicity” prompted the state-owned company to halt operations at the project located in the El Teniente … Read More
Key issues that will shape developments in the second half of the year, according to Plusmining
According to Juan Carlos Guajardo, executive director of the organization, the most significant factor for the industry during the remainder … Read More
Codelco: the profitability crisis behind the numbers
Costs 56% higher than those of its global peers, an EBITDA margin of just 34%, net debt five times higher … Read More
The five factors challenging Chile´s copper production
Although copper prices are hovering around US$6 per pound, lower investment in previous years due to regulatory uncertainty, the lingering … Read More
“If Chile Fails to Act”: Bloomberg warns Codelco could miss out on the copper boom
By Fernando López The internal Codelco report released yesterday has sparked a wide range of reactions. However, its findings came … Read More
A Once-Great copper miner faces a reckoning just as aI power demand soars
Chile’s Codelco, facing scrutiny for a fatal accident and inflated production figures, is struggling under $25 billion of debt. By … Read More
Chile reviews Codelco´s future amid global copper demand boom
The Chilean state-owned miner faces US$25 billion in debt and its lowest copper output in 28 years. As global copper … Read More
The potential role of Novandino lithium in a possible Codelco asset sale review
It exists at the level of ideas, hallway conversations, and expert commentary. Toward the third quarter, the state-owned company will … Read More
How Jorge Gómez turned around Collahuasi and what he could do at Codelco
The executive arrives as CEO of the state-owned company with the authority to implement the changes it requires and with … Read More
The eight fronts that Jorge Gómez will face leading Codelco
Production is at its worst level in years, debt is at its highest, audits are underway, union challenges exist, organizational … Read More
The Gómez hallmark: operational discipline, firm leadership, and results.
What he built at Collahuasi was not luck—it was a system. And that system is now arriving at the largest … Read More
Codelco faces harsh criticism after error in results
Juan Carlos Guajardo, along with other personalities, comments on the situation at Codelco. Source: T13
Codelco fires executive after audit points to 27-year output low
By Cecilia Jamasmie Codelco fired an executive and disciplined several others after an internal audit found the world’s biggest copper … Read More
The darkest thing we’ve seen: Juan Carlos Guajardo and the Codelco audit
Catalina Edwards talks with Juan Carlos Guajardo, executive director of Plusmining, about the deep institutional, financial and operational crisis that … Read More
Challenges for the new Chairman of the Board of Codelco
Juan Carlos Guajardo discusses the challenges that the new Chairman of the Board will face. Source: CNN
Why Codelco’s costs are double those of private mining companies
At the state-owned company, older deposits with lower ore grades and greater geological complexity are compounded by a heavier operational … Read More
“Lead Backpack”: The Lights and Shadows of Pacheco’s Codelco That Bernardo Fontaine Will Inherit
The final days of Codelco’s chairman are unfolding amid audits, criticism over production, and concerns about safety. Máximo Pacheco’s departure … Read More
Expert on the historic rise in copper: “I wouldn’t object to calling it a new supercycle”
Juan Carlos Guajardo, CEO of Plusmining, detailed the scope of the process that “will bring countless benefits” to the Treasury. … Read More